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390 Claude Code targets COBOL, sending IBM stock down over 10%

Startups News
Daniel Levi @ Startups News 1 place · today 17:48 EDT

Claude Code targets COBOL, sending IBM stock down over 10%

Anthropic says its AI coding tool can automate legacy COBOL modernization, raising fresh questions about IBM’s mainframe moat. IBM shares slid sharply after Anthropic stepped into one of enterprise computing’s most entrenched strongholds: COBOL. In a new post promoting its ...

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